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U.S. markets news

Warren Buffett says investment gains will continue to be 'substantial ...
Warren Buffett's Berkshire Hathaway released its closely-watched annual letter on Saturday, in which the Oracle of Omaha told investors that the holding company's investment gains would continue to be 'substantial' in the coming years and the U.S ...
Berkshire Profit Climbs 15% to $6.29 Billion on Investments  Bloomberg
Warren Buffett rails against fee-hungry Wall Street managers  Reuters
USA TODAY  
JC Penney to shut 130-plus stores, offer early retirements
NEW YORK (AP) - J.C. Penney is joining its department store rivals in pruning its store numbers in an era of online shopping. Penney said Friday that it will close 130 to 140 stores as well as two distribution centers over the next several months as ...
JC Penney to close 130-140 stores, offer early retirement to 6k workers  The Union Leader
Could JC Penney at Aventura Mall be among 140 stores closing?  South Florida Business Journal
Uber's Kalanick faces crisis over 'baller' culture
SAN FRANCISCO - Uber's "baller" culture may have reached the end of the road. CEO Travis Kalanick's controversial history of flouting regulations and aggressively fighting the competition has in a mere eight years pushed the company to a $70 billion ...
Everything we know so far about Uber's sexual harassment scandal  TechCrunch
I rode around in Ubers all day to figure out how drivers really felt about ...  Mic
Dakota protesters regroup, plot resistance to other pipelines
A man warms up by a fire in Sacred Stone camp, one of the few remaining camps protesting the Dakota Access Pipeline in Cannon Ball, North Dakota, U.S.
The Latest: Protest camp cleared, but area far from normal  Washington Post
DAPL Could Be Operational In Less Than 2 Weeks  CBS Local
A Trump voter's message to retailers: 'Keep your mouths shut about our president'
Mary Carson picks up her leopard-print tote bag and tugs on her leopard-print scarf. “I'm just going to do a little bit of business,” the 77-year-old says as she walks into Neiman Marcus at the Tysons Galleria in Northern Virginia and asks for the manager.
Robert Reich: Here's How to Hit Trump Where It Really Hurts  AlterNet
Nordstrom says Trump's tweets after Ivanka's collections were ...  MarketWatch
Closing of Michigan-based Family Christian to affect 3 Las Vegas stores
Family Christian, the biggest U.S. Christian bookstore chain, announced Thursday that it will shutter all locations after 85 years in business.
Family Christian Stores Shuts Down  Christian Post
Who's to blame for bookstore closures?  WND.com
VW Executive Charged in Emissions Case Says He Was a Bit Player
Oliver Schmidt, a Volkswagen executive accused of helping cover up the carmaker's emissions fraud. Credit Joe Wilssens, via European Pressphoto Agency.
VW posts $5.4 billion profit in 2016  Washington Post
VW cracks down on executive pay after diesel scandal  BBC News
Elon Musk Slams Tesla Union Drive, Promises Workers Free Frozen Yogurt
Tesla CEO Elon Musk sent an email to factory employees Thursday night calling an employee's claims regarding working conditions “obviously…untrue”, and the United Auto Workers effort to unionize Tesla's Fremont factory disingenuous.
Elon Musk's Net Worth Falls $500 Million In Two Days Following Latest ...  Forbes
Tesla will begin selling its solar roof this year — here's everything ...  Business Insider
Will Snap IPO Keep Snapchat Hot As User Growth Slows, Facebook Lurks?
Evan Spiegel, co-founder and CEO of Snapchat-owner Snap (SNAP), says one of his biggest challenges in wooing potential IPO investors is explaining why bigger isn't better.
Week Ahead On Wall Street: Snap Makes Public Debut, Apple Hosts Annual ...  Forbes
Opinion: Snap IPO could give fortunate few a quick pop  MarketWatch
Norwegian's low-cost long-haul transatlantic fares take off quickly
Fares as low as �69 prove elusive for many, leaving most passengers staring at a no-frills summer service for �228 … one-way! A Norwegian Air 787 Dreamliner, the plane which plies and flies its Gatwick-US routes.
Norwegian Air: $65 one-way fares from Northeast to Europe now on sale  USA TODAY